Budget Impact Analysis of Axitinib (Caxetib®) as Second-Line Therapy for the Treatment of Metastatic Renal Cell Carcinoma in a Cohort in Mexico
Author(s)
Paladio Hernández JÁ1, Dominguez C2, Sanchez P2, Mercado I2, Monteon I2
1PalaGod Health Supply, Guadalajara, JA, Mexico, 2Synthon, Tlaquepaque, JA, Mexico
Presentation Documents
OBJECTIVES:
Estimate the Budget Impact of the adoption of new Axitinib (Caxetib®) as a second line therapy for a cohort of 171 patients diagnosed with metastatic renal cell carcinoma (mRCC) at the Mexican Social Security Institute (IMSS) in Mexico.METHODS:
A 5-year Budget Impact Analysis (BIA) model was developed to estimate the incremental BI for 171 patients in treatment for 2nd line mRCC at the IMSS with the adoption of new Axitinib (Caxetib®), compared to basal axitinib, sorafenib, everolimus and cabozantinib. The epidemiological data was taken from GLOBOCAN 2020. Costs were obtained from public sources. BIA assumptions include that new Axitinib (Caxetib®) would gradually gain market share until it reaches 100% of new or switching patients in the fifth year. All costs are in 2024 USD. BIA based on 2 scenarios (current without new Axitinib vs new scenario considering new Axitinib)RESULTS:
Annual per patient pharmacological costs were $4,432.49 new Axitinib (Caxetib®), for basal Axitinib $6,332.13 ($1,899.64 more expensive than new Axitinib), for everolimus $6,725.57 and cabozantinib $14,432.70. For every patient treated with new Axitinib (Caxetib®), IMSS saves an average of $9,137.47. Results were robust according to the sensitivity analysis. Savings with an average predicted five-year impact reached $286,22 for 171 patient cohort.CONCLUSIONS:
Results of 171 cohort BIA treated at IMSS, concluded that the adoption of new Axitinib (Caxetib®) has a positive impact on its budget (leads to important savings), considering the low cost when compared to other 2nd line mRCC.Conference/Value in Health Info
2024-11, ISPOR Europe 2024, Barcelona, Spain
Value in Health, Volume 27, Issue 12, S2 (December 2024)
Code
EE644
Topic
Economic Evaluation
Topic Subcategory
Budget Impact Analysis
Disease
Oncology